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How To YieldBoost STLD To 7.2% Using Options

Shareholders of Steel Dynamics Inc. (STLD) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the January 2026 covered call at the $165 strike and collect the premium based on the $11.60 bid, which annualizes to an additional 5.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7.2% annualized rate in the scenario where the stock is not called away..
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